Ryanair has said it will follow through on a threat to cut its operations in Spain in protest at increased airport departure taxes in the country.

The Ryanair move, which takes effect at the end of March, will see the airline reduce its Spanish flights by 12 per cent, with the biggest cuts in Madrid, Barcelona, Seville and Valladolid. It will stop flying from the northern airports of Asturias and Bilbao.

In a press statement, Ryanair said the reductions will lead to the loss of more than 5,000 jobs and that they will cut the company’s traffic by 5.4 million passengers this year, to about 30 million.

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